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by nkozyra 2125 days ago
You can special case any city or town. I don't think WFH is endemic to SF, for example. And economic effects cascade down.
1 comments

> I don't think WFH is endemic to SF, for example

Certainly not. I don't think it's bad either, but some people (owners of expensive offices) do.

https://www.bbc.co.uk/news/business-53925917 -- Warnings of 'ghost towns' if staff do not return to the office

As to shareholders of chain coffee/lunch stores -- https://www.bbc.co.uk/news/business-53939526

> I don't think it's bad either,

Of course, but it has a significant, fundamental impact on huge aspects of "the economy" as we know it. Large segments of commerce - particularly in the U.S. - pivot heavily on people spending time and money commuting, spending time in an office, eating and drinking at nearby establishments, etc.

The effects will take some time to shake out.

Big losers in UK would be

Overpriced coffee shops (not Central Perk style ones in neighbourhoods - takeaway chain ones)

Daily Mail (the metro readership will vanish)

The trains will be interesting - especially in London. UK rail infrastructure is built to cope with large numbers of peak time commuters travelling with large discounts. That infrastructure won't vanish, but the income will (a £3k a year discount for a season ticket still means you're paying £4k a year - if that goes, times a million, it's a lot of operating revenue with little drop in costs)

It will be interesting to see if they invest that extra money, and add to the boom of the economy.